
The ZKsync Ignite program has officially launched, marking the beginning of a new phase in decentralized finance (DeFi). The initiative will allocate 300 million $ZK tokens over a nine-month period to incentivize liquidity provision and trading on the ZKsync platform. Participants in the program can earn up to 300%+ annual percentage yield (APY) in $ZK tokens through liquidity provision on platforms such as KOI Finance. The program aims to enhance the ZKsync ecosystem and attract more users to DeFi activities. Notably, ZeroLend has reported a market size of approximately $23 million, with around $15 million borrowed on the ZKsync market, indicating robust engagement with the new offerings.
Happy to share that ZeroLend is an important part of the Ignite program. With a ~23M market size, we have ~15M borrowed on the @zksync market. Zksync is offering 300M ZK tokens via the Ignite campaign. Learn more 👇 https://t.co/haroeHq4Zz
300M ZK tokens allocated over 9 months Today @ZKsyncIgnite begins!!! https://t.co/PX2vqQoQD0
ZKsync Ignite is live, and KOI Finance is all in! Join us to trade, provide liquidity, and earn a share of 300M ZK tokens. Don’t miss out! 👉 https://t.co/QjRB6nEqK0 https://t.co/7CTjSKfcRt